What would happen to my offshore money if I am no more? I'm thinking about putting my account #'s and passwords in my safety deposit box with my will. Can one of my heirs retreive my funds? Are there any set policies that books already have in place? I never read the fine print until its too late.--------Tom
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What would happen to my offshore money if I am no more? I'm thinking about putting my account #'s and passwords in my safety deposit box with my will. Can one of my heirs retreive my funds? Are there any set policies that books already have in place? I never read the fine print until its too late.--------TomTags: None
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IB Tom, that is an excellent question. Say a high roller has a few mil ofshore, and meets an untimely end. [Maybe a session with Ama Deborah goes too far or he dies in a train crash in the Swiss Alps] Will his family be able to access his funds by proving their identity and by providing a copy of the death certificate?
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That is a very good question in deed. At Royal Sports we have a fiduciary resposibility to each of our clients. On more than one occasion this scenario has come to occur. Every time the funds in question were returned to the rightful heir or executor upon presenting proper proof and documentation. We hate to EVER lose a customer. However we are certain that anyone mentioned above would tell their new friends how they were treated like a King at Royal Sports.
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